Frederick Joseph Martich - Jan 3, 2024 Form 4 Insider Report for HELIOS TECHNOLOGIES, INC. (HLIO)

Role
Pres. of Hydraulics, Americas
Signature
/s/ Marc Greenberg, Attorney-in-Fact for Frederick Joseph Martich
Stock symbol
HLIO
Transactions as of
Jan 3, 2024
Transactions value $
-$5,078
Form type
4
Date filed
1/5/2024, 06:18 PM
Previous filing
May 4, 2023
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLIO Common Stock Options Exercise $0 +266 +3.23% $0.00 8.5K Jan 3, 2024 Direct
transaction HLIO Common Stock Tax liability -$5.08K -119 -1.4% $42.67 8.38K Jan 3, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HLIO Performance-Based Restricted Stock Units Award $0 +2.81K $0.00 2.81K Jan 3, 2024 Common Stock 2.81K $0.00 Direct F2
transaction HLIO Restricted Stock Units Award $0 +4.8K $0.00 4.8K Jan 3, 2024 Common Stock 4.8K $0.00 Direct F3
transaction HLIO Restricted Stock Units Options Exercise $0 -266 -50% $0.00 266 Jan 3, 2024 Common Stock 266 $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold - these shares were withheld by the issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.
F2 The performance-based RSUs granted to the reporting person on January 3, 2024, represent the right to receive, following vesting, a number of shares of Common Stock up to 200% of the number of performance-based RSUs. The number of shares of Common Stock acquired upon vesting of the performance-based RSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on the first day of the fiscal year of 2024 and ending the last day of the fiscal year of 2026, subject to continuous employment with the Company through March 15, 2027
F3 Each RSU represents the right to receive, following vesting, one share of Common Stock. Unless earlier forfeited under the terms of the RSU, 1,992 RSUs shall vest and convert on April 1,2024, and 33-1/3% of the remainder of the awards will vest and convert into Common Stock on each of the first three anniversaries of the grant date.
F4 Each RSU represents the right to receive, following vesting, one share of Common Stock.
F5 Unless earlier forfeited under the terms of the RSU, 33-1/3% of the awards vest and convert into Common Stock on each anniversary of the grant date.